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Gambling has been with us since ancient times. Gambling online is a relatively new phenomenon and one that appears to be growing in popularity on a daily basis. Take a look at these facts:
The very first online gambling site was launched in August 1995. It’s currently estimated that you can find well over 2,000 Internet gambling Web sites offering various wagering options, including sports betting, casino games, lotteries and bingo.
Internet gambling revenue in 2005 was estimated at $11.9 billion and is projected to double by 2010, based on Christiansen Capital Advisors (CCA).
So what is it about the online casino phenomenon which has so enticed gamblers? Perhaps it is the virtue of it simply being online. You will discover numerous attractions to not having to attend a casino to gamble. The most prominent of these is the intimidation. Online gambling opens up a whole host of games to players who previously never had the courage or interest in observing tables in a land based casino.
Then it really is the choice of games. The number of games and their varieties online are astounding. Poker, blackjack, roulette or sports gambling, online casinos offer all of them. Lets take a look at a few of them:
Online poker has been partly accountable for a dramatic increase in the number of poker players worldwide. For the year of 2005, revenues from online poker were estimated at US$200 million monthly.
Blackjack, often known as twenty-one or Pontoon, is one of the best casino card games on this planet. Much of blackjack’s popularity is as a result of the mix of chance with aspects of skill, as well as the publicity that surrounds card counting The slot machine typically pays off according to patterns of symbols visible on the front of the machine when it stops. Modern computer technology has resulted in lots of variations on the slot machine concept.
The freedom of time and expense are added attractions. The on-line casinos are relatively affordable to operate with regards to staff being paid, so they may be able to offer players free games. Entering a blackjack room in an online casino is extremely different to approaching a blackjack table in a land based casino. The speed and intimidation may be high when playing casino in a ritzy casino. Crucial decisions are made quickly and on the spot. At home, the player is able to slow down and play only when they are ready.
Sadly, with such a growth in popularity has come many online gambling hoaxes. Illegitimate and cheating websites are present on the net and can also be deceiving. The most important things to remember when gambling online are the three aspects of consideration, prize and chance. All three should be present.
The problem with online gambling is the fact that it really is far harder to control. The sector that has to protect itself from the risks of compulsive gamblers. In the virtual world, this is tough to enforce. A customer is able to sit in their own family room, in whatever state they decide to be in and at what ever age and gamble as much as they desire.
Caution appears to be the only key. Gambling has always been a controversial subject; gambling over the internet is simply an extension of this controversy.